Prepayments, deposits and other current assets

3 Months Ended

Mar. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepayments, deposits and other current assets

Prepayments, deposits and other current assets

As at	March 31, 2024		December 31, 2023
Prepaid equipment deposits	$	39.6	$	40.1
Prepaid transaction costs	7.7		7.8
Prepaid lease deposits	5.3		5.6
Prepaid insurance	3.5		4.6
Prepaid construction charges	0.9		2.6
Other prepaids	4.2		3.3
Total prepayments, deposits and other current assets	$	61.2	$	64.0
Non-current security deposits	(5.3)		(5.0)
Non-current insurance	(0.6)		(2.8)
Current prepayments and deposits	$	55.3	$	56.2

Other prepaids consist principally of other deposits, prepaid subscriptions and financial assurance. Non-current security deposits and non-current insurance are recorded in other assets on the condensed consolidated interim statements of financial position. Prepaid transaction costs primarily consists of prepayments made in connection with the conditional commitment with the U.S. Department of Energy Loan Programs Office for a loan for gross proceeds of up to $375 million.